Tuesday, July 8, 2008

Strategy design and implementation

A good strategy is nothing without a good implementation. The company can define itself, establish vision and mission statements and develop a perfect plan to win in the marketplace. If this plan is not discussed internally, validated and known by all employees, and fully implemented, from the plant operators to the board of directors; the final result is ZERO. (actually it's worst than that!)
I always hear about strategy gurus that are completely theoretical: this has partial value.
A good strategy has to have an extraordinary rationale, business sense, fits in the context, market value, and (most important) implementation plan.
The implementation plan is the part that assures the design will be trasformed into actions, and the ideas will be implemented with the right resources.
Remember that what assures the result in the bottom line is the IMPLEMENTATION of a GOOD STRATEGY.

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